Category: Business

ZNBS BOARD CHAIRPERSON JEFF SAMUKONGA CONFIRMS BUYING ELUNDA PARK FOR $10MILLION …we have sold Zambia’s tallest building, Society House and bought Elunda Park…. Dear Madam

GOVT BUYS DIEGO CASSILIS BUILDING FOR $10MILLION …ZNBS buys the three-storey building owned by Diego Casilli for $10 million… Our Brief: HH will spend his

ZAMBEEF CLARIFIES MEDIA REPORTS REGARDING THE SALE OF CHIAWA FARM Zambeef, the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria

KULIMA-TOWER BUS DRIVERS ASSOCIATION CELEBRATES PRESIDENT HAKAINDE HICHILEMA’S THREE YEARS IN OFFICE WITH FARE REDUCTIONS August 14, 2024 Lusaka – The Kulima-Tower Bus Drivers Association,

NEBULA GEORGE HEINZ AIRCRAFT MANUFACTURING TO ESTABLISH AIRCRAFT PLANT IN ZAMBIA Nebula George Heinz Aircraft Manufacturing, a leading company with operations in China and the

KCM WORKER’S UNHAPPY WITH VEDANTA RESOURCES.MINE UNION Konkola Copper Mine (KCM) workers are not happy with the decision made by Vedanta Resources for taxing the

BRACE YOURSELF FOR MORE LOADSHEDDING HOURS…………as Maamba Collieries embark on maintenance The minister of energy, Hon. Makozo Chikote MP, has disclosed that Maamba Collieries Limited

IMF WARNS HICHILEMA OF SERIOUS PUNISHMENT The International Monetary Fund (IMF) has warned Zambia against a proposed dedollarization initiative, citing the potential underminement of inflation

HICHILEMA REPLACES IGNATIUS MWANZA WITH NGENDA NYAMBE AS CEO OF ZICB The IDC has picked Ngenda Nyambe as new Chief Executive Officer of the Zambia

… An Increase of 133% between 2022 and 2023… The Financial Intelligence Centre (FIC) of Zambia has reported a staggering 133% increase in the value

UPDATE; VIET-ZAMBIA OBTAINS 250 HECTARES OF LAND IN KANCHIBIYA ..as Super Glory Investment, Ministry of Mines has granted them a Trading Permit for Gold, Silver

FRA PROCURES ABOUT 120,000 METRIC TONNES OF MAIZE SINCE COMMENCEMENT OF RELIEF MAIZE BUYING Agriculture Minister Reuben Mtolo has disclosed that in response to President

ZRA misses revenue collection target by 11% The Zambia Revenue Authority – ZRA has missed its April 2024 tax collection target by a notable 11%,

CHIPATA-MCHINJI RAILWAY LINE TO BE REVAMPED ONCE THE JOINING RAIL IN MALAWI AND MOZAMBIQUE IS OPERATIONAL – HACHIPUKA Zambia Railways Limited ZRL Board Chairperson Emmanuel

LUAPULA CHIEFS COUNCIL REJECT VIET-ZAM LAND DEAL The Luapula province chiefs council would like to Dispel and refute media and public claims that the Royal

ECONOMISTS WARN OF ECONOMIC IMPACT OF DROUGHT DISASTER Economics Association of Zambia – EAZ President Dr Oswald Mungule has expressed concern over the adverse effects

Katondo forex raid pointless GOVERNMENT should consider formalizing the informal trading forex instead of clamping down on foreign exchange traders in Katondo Street because such

KAPENTA PRICE SKYROCKETS AS IT BECOMES A RELISH FOR ‘APAMWAMBAS’ Kapenta used to be one of the cheapest relish and was associated as being a

By Mwala Mooto ZESCO Summons me😳😳 Imwe guys; Zesco Limited called me for a meeting. I just received a call ati am the Manager ku

MOPANI PAYS K341 MILLION IN TAXES Lusaka, Tuesday, 11th June 2024 The rejuvenated Mopani Copper Mines has paid K341 million(approximately USD$13 million) in taxes since

ZAM CALLS FOR ACCELERATED VAT REFUNDS, TAX REFORMS TO BOOST MANUFACTURING Lusaka, Monday (June 10, 2024)MEDIA STATEMENT The Zambia Association of Manufacturers (ZAM) has made

MINING COMPANIES CAUTIONED AGAINST USING CURRENT ECONOMIC HARDSHIPS AS EXCUSE FOR JOB CUTS As Zambia continues to grapple with prevailing economic challenges, the National Union

ZAMBIANS CAN’T WAIT TO SEE A FULLY FUNCTIONAL KCM ….people are expecting Vedanta to fully take over KCM before end of this June, says ANDD

LOAD SHEDDING, EXCHANGE RATE FLUCTUATIONS CRIPPLE MANUFACTURING SECTOR, ZAM VICE PRESIDENT WARNS The Zambia Association of Manufacturers (ZAM) Vice President South, Fronscen Haloba, has sounded